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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Neoga, IL
$ 207,500
ROI
26.3
Cash Flow/m
378- 3 Bed
- 2 Bath
- 1322 sft
21 County Road 1200 N, Neoga, IL, 62447
Currently Rented
Motivated Seller
Rental Income
$ 159,000
ROI
36.9Cash Flow/m
758- 3 Bed
- 2 Bath
- 1176 sft
34A Woolery Dr, Neoga, IL, 62447
$ 219,000
ROI
32.9Cash Flow/m
803- 5 Bed
- 3 Bath
- 1970 sft
657 E 6th St, Neoga, IL, 62447
$ 150,000
ROI
39.4Cash Flow/m
818- 4 Bed
- 2 Bath
- 1684 sft
650 E 6th St, Neoga, IL, 62447
Why Invest in Neoga, Illinois?
Investing in single-family homes in Neoga, IL provides an excellent opportunity for stable returns. With an average rental yield of 6.5% and a solid appreciation rate of 4% over the past year, Neoga is an attractive location for real estate investors. The community’s renter-occupied housing stands at 70%, indicating strong demand for rental properties.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for a single-family home in Neoga is approximately $1,200 per month, which reflects the demand in this growing community.
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